LM CONCEPT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LM CONCEPT
Largest movements
- Receivables within one year -€1,556
down €1,556 (-96.3%), from €1,617 to €61
- Cash +€606
up €606 (+1,453%), from €42 to €648
mainly Tax, wage and social debts (+€3,631) and Receivables within one year (+€1,556)
- Tangible fixed assets -€182
down €182 (-13.0%), from €1,401 to €1,219
- Other debts -€5,691
down €5,691 (-73.9%), from €7,698 to €2,007
- Tax, wage and social debts +€3,631
up €3,631 (+201%), from €1,809 to €5,440
of which Taxes: +€3,358
- Trade debts +€799
up €799 (+126%), from €632 to €1,431
- Profit (loss) carried forward +€129
up €129 (+1.8%), from -€7,080 to -€6,951
- Turnover +€16,219
up €16,219 (+124%), from €13,066 to €29,285
- Gross operating margin +€13,808
up €13,808, from -€5,173 to €8,635
- Staff costs +€8,149
new in 2025: €8,149
- Purchases and services +€2,411
up €2,411 (+13.2%), from €18,239 to €20,650
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,060 | €1,927 | -€1,132 | -37.0% |
| Fixed assets | 21/28 | €1,401 | €1,219 | -€182 | -13.0% |
| Tangible fixed assets | 22/27 | €1,401 | €1,219 | -€182 | -13.0% |
| Furniture and vehicles | 24 | €1,401 | €1,219 | -€182 | -13.0% |
| Current assets | 29/58 | €1,659 | €708 | -€951 | -57.3% |
| Amounts receivable within one year | 40/41 | €1,617 | €61 | -€1,556 | -96.3% |
| Other amounts receivable | 41 | €1,617 | €61 | -€1,556 | -96.3% |
| Cash at bank and in hand | 54/58 | €42 | €648 | +€606 | +1,453% |
| Total equity and liabilities | 10/49 | €3,060 | €1,927 | -€1,132 | -37.0% |
| Equity | 10/15 | -€7,080 | -€6,951 | +€129 | +1.8% |
| Profit (loss) carried forward | 14 | -€7,080 | -€6,951 | +€129 | +1.8% |
| Amounts payable | 17/49 | €10,140 | €8,879 | -€1,261 | -12.4% |
| Amounts payable within one year | 42/48 | €10,140 | €8,879 | -€1,261 | -12.4% |
| Trade debts | 44 | €632 | €1,431 | +€799 | +126% |
| Suppliers | 440/4 | €632 | €1,431 | +€799 | +126% |
| Taxes, remuneration and social security | 45 | €1,809 | €5,440 | +€3,631 | +201% |
| Taxes | 450/3 | €1,809 | €5,168 | +€3,358 | +186% |
| Remuneration and social security | 454/9 | - | €273 | +€273 | |
| Other amounts payable | 47/48 | €7,698 | €2,007 | -€5,691 | -73.9% |
| Turnover | 70 | €13,066 | €29,285 | +€16,219 | +124% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,239 | €20,650 | +€2,411 | +13.2% |
| Remuneration, social security and pensions | 62 | - | €8,149 | +€8,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €182 | = | 0.0% |
| Gross operating margin | 9900 | -€5,173 | €8,635 | +€13,808 | |
| Operating profit (loss) | 9901 | -€5,355 | €304 | +€5,659 | |
| Financial income | 75/76B | €262 | - | -€262 | |
| Recurring financial income | 75 | €262 | - | -€262 | |
| Non-recurring financial income | 76B | €262 | - | -€262 | |
| Financial charges | 65/66B | €148 | €176 | +€28 | +19.0% |
| Recurring financial charges | 65 | €148 | €176 | +€28 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,240 | €129 | +€5,369 | |
| Profit (loss) for the period | 9904 | -€5,240 | €129 | +€5,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,240 | €129 | +€5,369 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.